LazardLAZ -4.30%83 FCF Margin % is -28.70% as of Mar. 2026. GuruFocus rates LAZ with a GF Score™ of 83/100 and a GF Value™ of $46.48 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 771 Capital Markets companies, Lazard ranks better than 62.52% on this metric.
FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Lazard's Free Cash Flow for the
three
months ended in Mar. 2026 was $-221 Mil. Lazard's Revenue for the
three
months ended in Mar. 2026 was $772 Mil. Therefore, Lazard's FCF Margin % for the quarter that ended in Mar. 2026 was -28.70%.
The historical rank and industry rank for Lazard's FCF Margin % or its related term are showing as below:
LAZ'
s FCF Margin % Range Over the Past 10 Years
Min: 5.35 Med: 23.29 Max: 37.22
Current: 15.24
During the past 13 years, the highest FCF Margin % of Lazard was 37.22%. The lowest was 5.35%. And the median was 23.29%.
LAZ's FCF Margin % is ranked better than 62.52% of 771
companies
in the Capital Markets industry
Industry Median: 0.9
vs LAZ: 15.24
Lazard FCF Margin % Related Terms
Lazard FCF Margin % Historical Data
* Premium members only.
The historical data trend for Lazard's FCF Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Capital Markets subindustry, Lazard's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Lazard FCF Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Lazard's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Lazard's FCF Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Lazard (LAZ) has a FCF Margin % of -28.70% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Lazard and its competitors. Over the past decade, Lazard's FCF Margin % has ranged from 5.35 to 37.22. According to the industry distribution chart, Lazard ranks #289 out of 771 companies in the Capital Markets industry, placing it in the top 37.5%.
Is Lazard's FCF Margin % too high?
Lazard's current FCF Margin % is -28.70%. Over the past 10 years, this metric has ranged from a low of 5.35 to a high of 37.22. Based on the distribution chart, Lazard ranks #289 out of 771 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Lazard has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lazard's FCF Margin % compare to CLSK and MKTX?
According to the Capital Markets industry distribution chart, Lazard ranks #289 out of 771 companies for FCF Margin %. This puts Lazard in the upper half of its industry. The industry median FCF Margin % is 0.90. Historically, Lazard's own FCF Margin % has ranged from 5.35 to 37.22 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Capital Markets company?
The median FCF Margin % among Capital Markets companies is 0.90, based on 771 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Lazard and its competitors. For the Capital Markets industry, the median FCF Margin % is 0.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lazard's current FCF Margin % is -28.70%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lazard stock overvalued right now?
Based on GuruFocus' analysis, Lazard (LAZ) is currently considered Modestly Undervalued. The stock's GF Value™ is $46.48, compared to a current price of $40.49 — trading 12.9% below its estimated fair value. The current FCF Margin % is -28.70%. Lazard's overall GF Score™ is 83/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Lazard (LAZ), the current FCF Margin % is -28.70% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Lazard (LAZ) Overvalued in 2026?
Based on GuruFocus' analysis, Lazard stock appears to be undervalued.
The current stock price of $40.49 is trading 12.9% below its estimated GF Value™ of $46.48.
GuruFocus considers Lazard to be Modestly Undervalued.
Key valuation signals for LAZ:
FCF Margin %: -28.70%
GF Value™: $46.48 vs. price of $40.49 (12.9% below fair value)
No single metric tells the full story. See the LAZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lazard Inc is a financial advisory and asset management firm with operations in North and South America, Europe, the Middle East, Asia, and Australia. Lazard provides advice on mergers and acquisitions, capital markets and capital solutions, restructuring and liability management, geopolitics, and other strategic matters, as well as asset management and investment solutions to institutions, corporations, governments, partnerships, family offices, and high net worth individuals. Geographically, the company earns key revenue in the Americas, EMEA then Asia-Pacific.
83GF Score
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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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